Alice I Sullivan Charitablefoundation
Alice I Sullivan Charitablefoundation consistently spends more than it earns, drawing down on its $1.1 million asset base.
EIN: 208256471 · Pawtucket, RI · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $351K |
| Total Expenses | $190K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.1M |
| Transparency Score | 75/100 |
Is Alice I Sullivan Charitablefoundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alice I Sullivan Charitablefoundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alice I Sullivan Charitablefoundation
Alice I Sullivan Charitablefoundation (EIN: 208256471) is a nonprofit organization based in Pawtucket, RI, classified under NTEE code T30. The organization reported total revenue of $351K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alice I Sullivan Charitablefoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alice I Sullivan Charitablefoundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $103K |
| Total Expenses | $190K |
| Surplus / Deficit | $-86,497 |
| Total Assets | $1.1M |
| Total Liabilities | $1 |
| Net Assets | $1.1M |
| Operating Margin | -83.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 71.2 months |
Financial Health Grade: B
In 2023, Alice I Sullivan Charitablefoundation reported a deficit of $86K with expenses exceeding revenue, holds 71.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Alice I Sullivan Charitablefoundation's revenue has declined at a compound annual growth rate (CAGR) of -11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.1% | -33.9% | -7.1% |
| 2022 | -26.6% | +64.1% | -13.7% |
| 2021 | +125.8% | +176.0% | -3.2% |
| 2020 | -90.6% | -80.4% | -0.4% |
| 2019 | +89.0% | +0.9% | +113.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alice I Sullivan Charitablefoundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Alice I Sullivan Charitablefoundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $86K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization or one with no paid officers, which is highly efficient for a foundation of its size with assets over $1 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Alice I Sullivan Charitablefoundation's IRS 990 filings:
- Consistent negative net income in recent years (e.g., 2023: -$86,497; 2022: -$192,481), indicating reliance on asset drawdowns.
- Declining asset base from its peak in 2019 ($1,457,859) to 2023 ($1,126,701).
Strengths
The following positive indicators were identified for Alice I Sullivan Charitablefoundation:
- Zero officer compensation reported across all filings, indicating high efficiency in leadership costs.
- Minimal liabilities reported consistently, suggesting sound financial management.
- Substantial asset base ($1,126,701 in 2023) provides a buffer for operations despite recent negative net income.
- Consistent IRS 990 filing history demonstrates transparency.
Frequently Asked Questions about Alice I Sullivan Charitablefoundation
Is Alice I Sullivan Charitablefoundation a legitimate charity?
Alice I Sullivan Charitablefoundation (EIN: 208256471) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $351K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Alice I Sullivan Charitablefoundation spend its money?
Alice I Sullivan Charitablefoundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Alice I Sullivan Charitablefoundation tax-deductible?
Alice I Sullivan Charitablefoundation is registered as a tax-exempt nonprofit (EIN: 208256471). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Alice I Sullivan Charitablefoundation CEO make?
Alice I Sullivan Charitablefoundation's highest-compensated officer earns $1 annually. The organization reported $351K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Alice I Sullivan Charitablefoundation's spending goes to programs?
Alice I Sullivan Charitablefoundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Alice I Sullivan Charitablefoundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Alice I Sullivan Charitablefoundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Alice I Sullivan Charitablefoundation located?
Alice I Sullivan Charitablefoundation is headquartered in Pawtucket, Rhode Island and files with the IRS under EIN 208256471. It is classified under NTEE code T30.
How many years of IRS 990 filings does Alice I Sullivan Charitablefoundation have?
Alice I Sullivan Charitablefoundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $351K in total revenue.
Is Alice I Sullivan Charitablefoundation financially sustainable given recent expense trends?
The foundation has consistently spent more than its revenue in recent years (e.g., $189,900 expenses vs. $103,403 revenue in 2023), indicating it is drawing down on its assets. While it has a substantial asset base of $1,126,701, this trend is not sustainable indefinitely without increased revenue or reduced expenses.
What is the purpose of the Alice I Sullivan Charitablefoundation?
Based on its NTEE code T30, the foundation is classified under 'Foundations, Grantmaking & Giving Services'. This suggests its primary purpose is to provide grants or support to other charitable organizations or causes.
How has the foundation's asset base changed over time?
The foundation's assets have shown significant growth from $282,675 in 2012 to a peak of $1,457,859 in 2019, before declining to $1,126,701 in 2023. This decline aligns with the recent trend of expenses exceeding revenue.
Filing History
IRS 990 filing history for Alice I Sullivan Charitablefoundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Alice I Sullivan Charitablefoundation's revenue has declined by 76.8%, moving from $445K to $103K. Total assets increased by 237.9% over the same period, from $333K to $1.1M. Total functional expenses fell by 61.6%, from $495K to $190K. In its most recent filing year (2023), Alice I Sullivan Charitablefoundation reported a deficit of $86K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $103K | $190K | $1.1M | $1 | — | — |
| 2022 | $95K | $287K | $1.2M | $1 | — | View 990 |
| 2021 | $129K | $175K | $1.4M | $1 | — | View 990 |
| 2020 | $57K | $63K | $1.5M | $1 | — | View 990 |
| 2019 | $607K | $324K | $1.5M | $0 | — | View 990 |
| 2015 | $321K | $321K | $683K | $0 | — | View 990 |
| 2014 | $747K | $398K | $682K | $0 | — | View 990 |
| 2013 | $370K | $322K | $333K | $0 | — | View 990 |
| 2012 | $137K | $188K | $283K | $0 | — | View 990 |
| 2011 | $445K | $495K | $333K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $103K, expenses of $190K, and assets of $1.1M (revenue +9.1% year-over-year).
- 2022: Revenue of $95K, expenses of $287K, and assets of $1.2M (revenue -26.6% year-over-year).
- 2021: Revenue of $129K, expenses of $175K, and assets of $1.4M (revenue +125.8% year-over-year).
- 2020: Revenue of $57K, expenses of $63K, and assets of $1.5M (revenue -90.6% year-over-year).
- 2019: Revenue of $607K, expenses of $324K, and assets of $1.5M (revenue +89.0% year-over-year).
- 2015: Revenue of $321K, expenses of $321K, and assets of $683K (revenue -57.0% year-over-year).
- 2014: Revenue of $747K, expenses of $398K, and assets of $682K (revenue +101.7% year-over-year).
- 2013: Revenue of $370K, expenses of $322K, and assets of $333K (revenue +170.4% year-over-year).
- 2012: Revenue of $137K, expenses of $188K, and assets of $283K (revenue -69.2% year-over-year).
- 2011: Revenue of $445K, expenses of $495K, and assets of $333K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alice I Sullivan Charitablefoundation:
Data Sources and Methodology
This transparency report for Alice I Sullivan Charitablefoundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.